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Investment in wheat research to benefit Ontario farmers

GUELPH, ON (November 7, 2013) – Grain Farmers of Ontario acknowledges the Government of Canada for its $12.5 million contribution to the National Wheat Improvement Program through the Growing Forward 2 (GF2) AgriInnovation Program.

The National Wheat Improvement Program is a five year (2013-2018) industry and AAFC collaboration. In total, the program is a $25.2 million investment to improve wheat varieties for Canadian producers. It is led by the Western Grains Research Foundation (WGRF) in collaboration with the Canadian Field Crop Research Alliance (CFCRA), the Alberta Wheat Commission (AWC) and Agriculture and Agri-Food Canada (AAFC).

“Grain Farmers of Ontario is grateful for the Federal Government’s support of the Wheat Cluster. We are excited to be involved in this truly national wheat breeding program.” says Henry Van Ankum, Chair of Grain Farmers of Ontario, which is a founding member of the CFCRA. “Combined, CFCRA members are contributing more than $1.7 million toward the activities of the Cluster.”

The goal of this research is to create wheat lines that provide higher yields, have enhanced quality characteristics desired by end users, and have improved disease and pest resistance, with a particular emphasis on Fusarium resistance.

Fusarium was a major concern for Ontario wheat producers this year due to the wet weather we experienced,” says Van Ankum. “Research into Fusarium resistance will help ensure we maintain the quality of our crop.” 

Five research projects in Ontario will receive funding through this program.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $2.5 billion in farm gate receipts, result in over $9 billion in economic output and are responsible for over 40,000 jobs in the province.

Grain Farmers of Ontario

Grain Farmers of Ontario is the province’s largest commodity organization, representing Ontario’s 28,000 corn, soybean and wheat farmers. The crops they grow cover 6 million acres of farm land across the province, generate over $2.5 billion in farm gate receipts, result in over $9 billion in economic output and are responsible for over 40,000 jobs in the province.

Contact:

Barry Senft, CEO - 1-800-265-0550; bsenft@gfo.ca

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Grain Market Commentary for December 6, 2017

Wednesday, December 06, 2017

Commodity Period Price Weekly Movement
Corn CBOT March 3.52  01 cents
Soybeans CBOT January 10.03  10 cents
Wheat CBOT March 4.25  10 cents
Wheat Minn. March 6.14  09 cents
Wheat Kansas March 4.23  06 cents
Chicago Oats March 2.48  15 cents
Canadian $ December 0.7835  0.50 points

Cash Grain prices as of the close, December 6, are as follows: SWW @ $178.23/MT ($4.85/bu), HRW @ $187.61/MT ($5.11/bu), HRS @ $238.74/MT ($6.50/bu), SRW @ $182.92/MT ($4.98/bu).

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Market Trends Report for November-December 2017

Monday, November 13, 2017

US and World

Harvest time is in full swing across United States and Ontario. There have been delays, but as usual, farmers in 2017 like they have many times before are finding ways to get the crop in the bin. Yield monitors flickering on social media have been a harbinger of big yields in the United States as one of the biggest crops in American history gets closer to the finish line. How big that crop has become has been a great subject of debate over the last several months.

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On November 9th USDA chimed in with their latest crop production report. In a surprise move, which shocked the market the USDA raised 2017/2018-corn production to 14.58 billion bushels. This was on a projected yield of 175.4 bushels per acre, which was up from its October estimate of 171.8 bushels per acre. This was outside any pre-report estimates on the high side and the market responded accordingly by falling seven cents on the day. If this yield comes to fruition, it will be the largest US domestic corn yield in history. US domestic corn stocks are projected to increase to 2.49 billion bushels, a very onerous figure headed into next year.

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